Cheap Homes for Rent in Fairmont City, IL from $400 (6 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Fairmont City, IL Local Guide

Cheapest Available Fairmont City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fairmont City, IL is a 1 Bed unit found at Preservation Square Apartments in the Lafayette Square neighborhood priced from $492. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Fairmont City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Preservation Square ApartmentsOne Bedroom1BR,1BA$492
Downtowner ApartmentsStudioStudio,1BA$775
Collins Terrace Apartments2 Bedroom Small2BR,1BA$785

Best Value Apartments for Rent in Fairmont City, IL and Nearby

As of September 06, 2025 the best value apartment in the Fairmont City area is the $0.80 price per square foot 2 Bedroom 2 Bath Model at Roberts Galerie Lofts in the in the Lafayette Square neighborhood starting from $1,500. The second greatest value Fairmont City apartment is the B5 Model at Fashion Square I starting at $1,400 with a $1.10 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Fairmont City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Fashion Square IB52BR,1BA$1.10
Pointe 400 ApartmentsOne Bedroom1BR,1BA$0.99
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
The Ely Walker LoftsLarge 1 Bed 1 Bath1BR,1BA$1.03
Collins Terrace Apartments3 Bedroom Med3BR,1BA$1.06
The Paul Brown Loft Apartments2 Bedroom 1 Bathroom2BR,1BA$0.92
Preservation Square ApartmentsOne Bedroom1BR,1BA$0.74
1732 Saint Louis Ave, Unit 17321732 Saint Louis AveStudio ,1BA$1.05
1730 Saint Louis Ave, Unit Bottom Floor1730 Saint Louis Ave1BR,1BA$1.09

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Pet Friendly Lifestyle
Fairmont City, IL

Ranked #437

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Fairmont City

What type of rentals are currently available in Fairmont City?

There are currently 172 Apartments for Rent in Fairmont City, IL with pricing that ranges from $492 to $8,754. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmont City ranging from $400 to $8,000.

What is the current price range for Rental Homes in Fairmont City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmont City ranges from $400 to $8,000 with an average monthly rent of $2,350.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.